New pooled funds seek grants from foundations or individuals, aggregate the money, and give it away. The efforts aim to drive fundamental change by building Black nonprofits’ public-policy muscle.
Despite the continuing Covid threat and racial-justice problems, the nation’s wealthiest donors have largely returned to old standbys handing out big sums to universities, medicine, and their own foundations. But there are exceptions and some interesting new faces. Plus: See the entire <a href="https://www.philanthropy.com/package/philanthropy-50-2021s-top-donors">special report</a> and the rest of our <a href="https://www.philanthropy.com/issue/2022/02-01">February issue</a>, published online this morning.